Trump tariffs: How will India navigate a world on the brink of a trade war？

India and the US are negotiating a trade deal that is likely to conclude by fall

For the moment theres little clarity and no official word from the government on what its plans are.

India has already reduced tariffs on some goods including high-end motorbikes and bourbon whiskey. Unlike Canada, Mexico or the European Union, Modis government has adopted a conciliatory approach to Trump and these announcements are unlikely to trigger a retaliation, say experts.

Indian businesses will now most likely face a period of uncertainty which is unlikely to go away anytime soon.

Clearly, the (Trump) administration wants even broader and deeper tariff cuts. The question is what, if anything, will satisfy the Trump administration?, Milan Vaishnav, a senior fellow at Carnegie Endowment told the BBC.

It is a million dollar question, for which there are no immediate answers.